Let's calculate how much real money the dog owner can use to push the mysterious small K-line to explode? $pippin (approximately over 20 million USD hard pull required)
First, let's popularize a concept: Index Price: The exchanges look at the index price for liquidation, which is a synthesized price. Even if the spot price is 0.1, if the index price is 1.1, when you open a short position, you will be liquidated directly at 1.1.
Binance's pippin index price has a total of three price sources, with gate and matcha each accounting for 11%.
The main part is Binance alpha. What is alpha? Alpha is on-chain. The pool that determines the alpha price consists of 17 million pippin and 47,500 sol in LP pairs.
This is already the place with the best liquidity. Some say the mysterious small K-line can accumulate enough chips in the spot market. I tell you, it's impossible. He has a position of 8 million tokens. Does he want to accumulate enough?
In this pool, there are a total of 17 million tokens. If he takes away 8 million, he needs to pay a cost of 6.3 million USD. Moreover, at the same time, the token price will be pushed up four times to 1.4 USD. By then, his original position will suffer a loss of nearly 900,000 USD, and he still holds 8 million tokens at an average price of 0.87, which means he is locked into a long-short position.
Knowing the capital exposed by K, okay, then for the 1.5 million USD investment, I assume he has 3 million USD in margin to supplement. Holding 8 million tokens, what does that mean? If the dog owner pulls it to 4 USD, he will be liquidated.
So how much does the dog owner need to pay? It is known that the price calculation of the on-chain LP is based on the square algorithm where sol doubles and the token price quadruples. Pulling 10 times means 6.3 million * square root of 10, which requires about 2 million USD in capital to push it up and liquidate K.
I think, in the current environment, it's impossible to hard pull it up. I'm just afraid the dog owner will slowly wear K down through funding rates. {future}(PIPPINUSDT)
In a typical spot and futures market, delivery is required, which is why the futures prices are linked. In the cryptocurrency space, perpetual contracts do not require delivery and are two independent markets from spot trading, with no need for any anchoring. Not to mention that on-chain spot cannot borrow coins to dump.
神秘小K线
--
$BEAT This type of currency should not be played with anymore. The manipulation of funding fees is currently unsolvable, and I call for reform in industry fees! I believe that an annualized rate exceeding 30% is unreasonable. Currently, this perverse fee structure has daily rates of 36% or even 48%. It has already become a tool for market manipulation.
Is there regulation on the trading behavior in the cryptocurrency market?
神秘小K线
--
$PIPPIN has made a profit from going long. Now I can't increase my position because the position is too large, and the exchange will forcibly require a liquidation due to high risk. I'll just quietly watch the market manipulation.
To say something disappointing, has the escape top indicator taken effect?
看不懂的sol
--
Today a fan brother said that 【Dollar-Cost Averaging】 is the stupidest thing!
In fact, dollar-cost averaging is what people like us, who aren't very smart, do. We don't guess the ups and downs, we don't stare at the K-line, We become emotionless fools, Buying regularly, buying with our eyes closed, buying whether it goes up or down.
And we naively tell ourselves, When the market crashes, you're accumulating chips; When the market is euphoric, you're waiting for time, It's very boring, and it feels really stupid.
It seems to have no technical content,
But it defeats the greed and fear in human nature with the simplest discipline.
They say smart people always want to "sell high and buy low," but they often get slapped in the face by the market;
While the "fool" just keeps planting seeds with their head down, and in the end, they reap the compound interest of time.
The magic of dollar-cost averaging is recognizing that you're not smart enough, yet using persistence to turn simplicity into a weapon.
After all, the snowball of wealth is never built on reckless gambling.
--------- What I want to say is, the optimal investment solution for 99% of people: let's not even talk about the crypto world, let's talk about the basics. Every time your salary comes in, buy a share of the Nasdaq or S&P ETF. Now you can buy it directly on Alipay, and if you have time, you can also study buying directly in the market, which costs less.
As time stretches, you'll be much wealthier than those who are full of professional jargon while looking at charts and lines.
Today the classroom is giving benefits 🎁 📣 If the number of check-ins in the comments exceeds 100 people, A red envelope code will be issued today at 16:00 sharp!
🔥 Limited quantity, first come first served! Lock in 【Newbie Classroom】, don't miss your lucky moment
In a range, when the price rises, exchange your coins for u, and when the price falls, exchange u for coins. If it continues to fall, you will lose money; if it continues to rise, you won't make extra money. It's somewhat like a spot grid. The earnings come from the transaction fees that others pay; trading less is pointless. In short, the risk is yours to bear!
剑指东南定吴夷
--
Bearish
$币安人生 There are pictures and the truth, this is the earnings of one day, which is not bad, staked U and Binance's currency seems to be 100u, feeling satisfied, far exceeding other mining. $BNB Binance is trustworthy, thumbs up 👍
Didn't the United States seize 130,000 pancakes? They should be shipping them out, right?
看着我反买必赢
--
Is a new round of reshuffling coming? Is the bull market over? Can we remove the long position button now???????$BTC I am increasingly unable to understand it...... {future}(BTCUSDT) $ETH {future}(ETHUSDT)
Since BNB will be refunded, what are the new project parties aiming for?
万联welinkBTC
--
Brothers Binance Wallet @binancezh has launched a new presale token model "Prime Sale", simply understood as a new token issuance,
Tokens are allocated based on the amount of BNB deposited (with a limit), Cannot be traded before the project team announces TGE, But it will be listed directly on ALPHA, so just participate without thinking!
Portal https://web3.binance.com/referral?ref=QT35JHXK Welcome everyone to use my referral code QT35jJHXK 10% discount on trading Remember to bind and trade over 50u of any token You can earn alpha points!
Tomorrow afternoon is the first phase of the new model for new token issuance Prepare 3 of $BNB and your alpha points Just participate without thinking!
I think it resembles a launchpad Further empowering $BNB , Secondly, it aims to capture market share from other new token platforms, In the future, most projects should consider directly launching on Binance Prime Sale